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Is TRT primed for downward momentum? 180 Bearish Setup shows up after plummeting 7.61%
TRT closed down 7.61% on Wednesday, July 29th, with volume running 0.4× below average. consolidation patterns formed: Bollinger Band Squeeze, suggesting a potential continuation after price stabilization. Key support levels exist at 8.81, 8.53 & 8.09, with resistance at 9.53, 9.97 & 10.25. Slow Stochastic readings suggest the stock is currently oversold.
Current SwingTradeBot Technical Rating of TRT: D
Is this the only signal? Not even close. Explore the full breakdown at SwingTradeBot.
Read full article here »